The colossal price we pay for our cars compared to the rest of the world is not generally well known. Everyone knows we pay more but the size of the difference is not well known.
Good old common or garden arbitrage in some form will eventually bring them back into some sort of reasonable relationship. That means some blood letting.
Many European cars sell here for more than twice what Americans pay for the same cars. I know there are reasons for a difference, but not two and a half times.
Most people if asked will cite our relatively small market, but that does not sit with well Swanee talking about our big influence on the rest of the world. We need to be doing as well as he says if we are to afford the incredible asking prices.
The difference is not explained by volume. A certain Euro sports motorcycle sells in modest numbers everywhere, but we pay twice the American price.
